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The objects and aims for which the International Sailing Federation, as the controlling authority of the sport of sailing in all its forms throughout the world, is established are:
(a) to act as and carry out the functions and duties of such authority;
(b) to promote the sport of sailing in all its branches regardless of race, religion, gender or political affiliation;
(c) to establish, supervise, interpret and amend the rules regulating sailboat racing and to adjudicate disputes and take any appropriate disciplinary action (including the imposition of appropriate penalties);
(d) to act as the supervising organisation for the sport of sailing, to grant and withdraw international or recognised status to or from classes of boats and to prescribe the relevant rules and measurement procedures;
(e) to act as the organising authority of the Olympic Sailing Regatta;
(f) to control, organise, conduct, license or sanction other championships, sailing events or activities;
(g) to examine, study, investigate, consider and report on all matters affecting the sport of sailing and any persons interested therein or associated therewith and to collect, analyse and distribute information, statistics, opinions and reports thereon;
(h) to represent and protect the interests of any member of the Federation;
(i) to convene, arrange, organise and hold regattas, races and competitions of all sorts, to create and stimulate interest in and publicise the sport of sailing, to convene, arrange, organise and hold exhibitions, shows, displays, meetings, seminars, conferences and discussions, and to provide prizes, bursaries, grants and awards for competitors and others;
(j) to provide administrative services of any sort whatsoever for any association, union, society, club, committee, body or person interested in or associated with sailing in any of its forms.